Dean’s Report 2015 1 CONTENTS Letter from the Dean 3 The year in numbers 4 Progress on Programmes 5 Faculty & Research 9 Centres of Excellence/ Institutes 11 Initiatives/ Resources 14 Other Updates 15 2 LETTER FROM THE DEAN On the occasion of the Graduation Ceremony Our faculty continues to add to the wider National Conclave - Driving India’s Growth of the Indian School of Business, it is my body of knowledge. I am happy to share Momentum, ISB Leadership Summit, CAF pleasure to share with you this annual that ISB was rated the highest research Conference, Family Business Conference, report for the academic year 2014-2015. It productive management school in India by etc. is a review of our School’s successes and the Financial Times during the year. It was The ISB community continues to increase accomplishments during the year. also the only Indian B School to fi gure in with our alumni strength reaching nearly the prestigious University of Dallas Top 100 We continue to execute on the School’s 7000 with the graduating classes this year. Research rankings (UTD Top 100 Worldwide priorities to be an internationally top-ranked, Our alumni are working in leading companies Business School Rankings based on research-driven, independent management spread across 100+ cities around the world. Research Contributions during 2010-2014.) institution that grooms future leaders for India Close to 200 of them have moved into CXO The School continues to generate scholarly and the world through scholarship, practice positions in the corporate world and nearly and policy-related contributions to address and policy. We also strive to impact the 400 have started their own businesses. Our broader society-level issues and strengthen society around us through our actions and effort in encouraging entrepreneurship among research and knowledge in key areas for academics. our students is showing success with the India’s development. More signifi cantly the School spawning many entrepreneurs. The School’s unique portfolio faculty model students continue to benefi t from our faculty’s has ensured that students across both research and teaching activities. The report that follows, outlines these and campuses - Hyderabad and Mohali benefi t many other achievements in further detail. Encouragingly, the students received 77% by learning from leading resident and visiting I would like to thank each and everyone in more offers this year than in the previous year faculty from across the globe. The strength the ISB community - the Board, faculty, staff, while the entire class was placed within the of our permanent faculty has crossed 50 students, alumni and their families for their fi rst few rounds of the placements process. this year. Four more will be joining the sustained contributions and support through School over the next few months further The year was marked by a host of student the year. strengthening the academic community at events and initiatives as well as faculty ISB. research seminars and conferences such as Artha, the Capital Markets Conference, Ajit Rangnekar Dean 3 THE YEAR IN NUMBERS 1590 763 77% YLP Applications is the strength of Increase in placement received - the highest the Post Graduate offers over the last year ever in a year Programme (PGP) Class of 2015 21% 6900 51 of the Class of 2015 is the size of the Permanent faculty will be taking up extended alumni members Consulting roles network #1 40000 in research productivity Case Studies sold in among B Schools in over 60 countries India as per FT ranking 4 PROGRESS ON PROGRAMMES Post Graduate Programme in • Developing a market entry strategy in across both the campuses worked together Management (PGP) Africa for an India based dairy & milk based and many events were co-hosted, thus This year we welcomed 763 students from product company. making the year a memorable one for the diverse backgrounds to the Post Graduate • Developing market entry strategy for an School. The notable events of the past year Programme (PGP) Class of 2015, including Indian engineering services company to organised by the student clubs include: 209 students at the Mohali campus. The enter Philippines and Indonesia. • The annual ISB Leadership Summit PGP is concurrently delivered at Hyderabad focusing on the joint theme of “Future… International Exchange Programmes and Mohali. Following the School’s unique Today” was organised at both the ISB portfolio faculty model, top resident and 53 students from the School went on campuses. Leading experts from business, visiting faculty from across the globe taught student exchange programmes to 28 government and the media spoke on in both campuses last year. The School business schools. 21 international students topics such as the new business models also encouraged inter-campus exchange from 16 business schools came to ISB and the power of failure. across the world. The one-two weeks India with students from both campuses opting • The annual ISB iDiya Social Venture immersion programme has seen increased for exchanges during the core and elective Challenge for working professionals was interest among business school students in terms. organised. It received 106 business plans, improving their own practice via professional of which the top 11 teams visited the Experiential Learning Programme (ELP) development. We hosted 78 students from campus for a week of boot-camp with 296 students worked on 64 projects to apply fi ve Schools this year. 59 students from ISB experts from the development sector. their theoretical learning to address practical had gone on an international study trek for a • Over 56 teams from India, Bangladesh and business issues including: week to Singapore and Hong Kong. Pakistan participated in the regional fi nals • Assessing market opportunity for a “Do it Student Initiatives and Events of the Global Social Venture Competition yourself” dishwashing liquid product and The successful academic year 2014-2015 (GSVC) hosted by ISB. creating a go-to-market strategy in India. stands testimony to the concerted and • ISB is the Asia partner for the Venture • Assessing attractiveness of starting a active contributions by students who brought Capital Investment Competition (VCIC) company which develops, owns, and together leading global academia and that enables students to act as venture operates self-storage facilities in India. chieftains of industry for meaningful debate capitalists for entrepreneurs and be and discussion. This year, the student clubs evaluated by VC judges. 5 • ISB Super League (ISL) in which business discussed highly important and relevant schools from across India participated. topics to the capital and fi nancial markets. • Ikshaa, the Marketing Summit brought Student Achievements together prominent industry leaders and marketing experts, who shared their Over 168 ISB students won prizes in several diverse, forward-looking perspectives competitions in India and abroad which on pertinent issues that marketing refl ects the talent at ISB. professionals face today. Notable Achievements • Mercado, the Retail Conclave brought • Student team from the last Class won together various stakeholders from the the HULT Prize global competition, thus Placements retail industry for a multifaceted exploration winning USD 1 million seed funding for on the future of retailing. The Integrated rolling placements process their venture in the urban healthcare space. • Business and Technology Conclave at the ISB has seen an all -time high number • Global winners in C.K. Prahalad Case provided a platform for future leaders of of 978 offers made in campus as demand Competition organised by University of the technology industry to interact and from both traditional and new age recruiters Michigan. network with industry experts, thought increased compared to last year. Top • First prize in Franklin Templeton Stock leaders and technology visionaries. consulting fi rms like Accenture, Deloitte, Pitch, organised by Franklin Templeton • Advaita, the annual ISB inter business KPMG, McKinsey, Parthenon, Vector Investments. school competition, went international Consulting and ZS Associates continue to • First prize in 2014 Deloitte Mavericks, a this year with over 80 students from 17 recruit in large numbers from the School. pan-India business acumen challenge. top MBA schools participating across 9 Around 28% of the Class of 2015 will be • First prize in Amazon Ace, a case study competitions. joining Consultancy fi rms. High Technology competition organised by Amazon. • Artha, the Capital Markets Conference, (7%) companies like Apple Inc., Facebook, • First prize in Stratos 2014, the fl agship was on the theme of “The 10.0 Solution Google, Microsoft, IT products and solutions national strategy challenge organised by - Road Map to 10% Indian Growth” and providers (9%) like Cognizant, Infosys and Aditya Birla Group. saw participation from the who’s who Wipro, and E Commerce (15%) companies • First prize in RPG Brand Ambassador, a of the fi nancial world including Deepak like Amazon, Flipkart and Snapdeal also branding challenge organised by RPG Parekh (Chairman, HDFC), Sanjay Nayar recruited in large numbers, contributing Group. (CEO, KKR), Adi Godrej (Chairman, Godrej about 31% of the offers. • Winner of the Citi Woman Leader Award Group) and many more. Over 20 senior The average salary package offered this year 2014. industry speakers including S Balesh, Zia also increased to INR 19.5 lakhs compared • National winner, HUL L.I.M.E series 6. Mody, Nilesh Shah and Archana Hingorani